KUALA LUMPUR: Private equity firm CVC Capital Partners is considering selling its 21% stake in QSR Brands (M) Holdings Bhd after multiple attempts by the regional fast-food franchise operator for a domestic listing, according to sources.
QSR Brands, the operator of KFC and Pizza Hut restaurants in South-East Asia, has tried to hold an initial public offering (IPO) on the local stock exchange since 2017.
